Home Micronesia, Federated States of Government Budget Deficit

Micronesia, Federated States of Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

6.54% −2.65% (-28.8%)
Year 2025 Rank #4 Global Peak 24.68% (2018) Source IMF WEO

Micronesia, Federated States of Budget Deficit (1995–2025)

Overview

Micronesia, Federated States of's budget deficit stood at 6.54% in 2025, a decline of +2.65% from 2024. The IMF projects 6.54% by 2025. Micronesia, Federated States of ranked 4th globally.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF -0.28% - -
2029* IMF 0.09% - -
2028* IMF 0.83% - -
2027* IMF 1.13% - -
2026* IMF 1.49% - -
2025* IMF 6.54% - -
2025 6.54% −2.65% #4
2024 9.19% −0.26% #186
2023 9.45% −7.98% #187
2022 17.43% +12.99% #187
2021 4.44% −1.98% #186
2020 6.42% −13.12% #188
2019 19.54% −5.14% #191
2018 24.68% +10.20% #190
2017 14.48% +7.11% #189
2016 7.37% −3.11% #185
2015 10.48% −0.75% #185
2014 11.23% +8.34% #187
2013 2.89% +2.00% #174
2012 0.90% +1.48% #156
2011 -0.58% −1.05% #137
Show all years (1995-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +10.1% GDP growth 3.1% C/A balance 2.3%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Micronesia, Federated States of matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Micronesia, Federated States of's budget deficit?

Micronesia, Federated States of's budget deficit was 6.54% in 2025. Ranked 4th globally. This represents a 28.8% decrease from the previous year.

What was the highest budget deficit in Micronesia, Federated States of?

Micronesia, Federated States of's budget deficit peaked at 24.68% in 2018.

What was the lowest budget deficit in Micronesia, Federated States of?

The lowest budget deficit in Micronesia, Federated States of was -15.55% in 2004.

How does Micronesia, Federated States of rank in budget deficit?

Micronesia, Federated States of ranks 4th globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of Micronesia, Federated States of in 2025?

Micronesia, Federated States of's budget deficit is projected to reach 6.54% by 2025 based on IMF projection.

What is the budget deficit of Micronesia, Federated States of in 2025?

The budget deficit of Micronesia, Federated States of in 2025 was 6.54%. This ranks 4th in the world.

Cite this page

APA
Micronesia, Federated States of Budget Deficit. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/micronesia-federated-states-of/budget-deficit
BibTeX
@misc{historysaid_micronesia-federated-states-of_budget-deficit, title = {Micronesia, Federated States of Budget Deficit}, url = {https://historysaid.com/micronesia-federated-states-of/budget-deficit}, publisher = {HistorySaid}, year = {2026} }